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re: No one wants to say it, but we needed a recession

Posted on 4/6/25 at 11:23 am to
Posted by Powerman
Member since Jan 2004
170463 posts
Posted on 4/6/25 at 11:23 am to
quote:


Yeah there will be less income inequality via redistribution and devolving our economy (which is what you expect under leftist economic policies), but y'all haven't articulated why this is a good strategy.

Recessions usually increase wealth inequality. I know you said income but wanted to make that point
Posted by SlayTime
Member since Jan 2025
3608 posts
Posted on 4/6/25 at 11:25 am to
quote:

How will your perceived "nation" benefit from being poorer?


Define “poorer”
Posted by Bunkie7672
Member since Mar 2020
977 posts
Posted on 4/6/25 at 11:25 am to
It must be nice to be Trump where a large part of the people will vote for you no matter if you frick them over or not. Unreal.
Posted by SlayTime
Member since Jan 2025
3608 posts
Posted on 4/6/25 at 11:31 am to
quote:

It must be nice to be Trump where a large part of the people will vote for you no matter if you frick them over or not. Unreal.


Not as nice as having stolen classified documents in your garage and not facing charges because you’re too old and mentally unfit, yet you get to be POTUS.

Trump has a book keeping disagreement and has misdemeanors turned into felonies to try putting him in jail for life

Your move lunchbox

This post was edited on 4/6/25 at 11:34 am
Posted by Powerman
Member since Jan 2004
170463 posts
Posted on 4/6/25 at 11:33 am to
Whataboutism is back in style I guess
Posted by Bunkie7672
Member since Mar 2020
977 posts
Posted on 4/6/25 at 11:34 am to
quote:

Not as nice as having stolen classified documents in your garage and not facing charges because you’re too old and mentally unfit, yet you get to the POTUS. Trump has a book keeping disagreement and has misdemeanors turned into felonies to try putting him in jail for life


Yeah and he got to make a billion pump and dumping a shitcoin before taking office again. I’d say it turned out okay for Trump.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294578 posts
Posted on 4/6/25 at 11:35 am to
quote:

The fact is, if Biden did the exact same thing that Trump is doing, the ones that are cheering it on now would be screaming the loudest.



I remember the howls of protest for Obama's tariffs. Back before an Orange spell was cast upon them.

They laughed at Obama's tariffs creating a few new tire mfg jobs at a cost of $900k a job.

Which is roughly what Trumps washing machine jobs cost in his previous admin

This post was edited on 4/6/25 at 11:39 am
Posted by Pvt Hudson
Member since Jan 2013
4664 posts
Posted on 4/6/25 at 11:36 am to
Lol - this thread is the meme!

“Why Trump won’t crash the market”

“The market isn’t crashing, it’s a correction”

“Why a market crash is good for you”
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
983 posts
Posted on 4/6/25 at 11:39 am to
Very logical.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92933 posts
Posted on 4/6/25 at 11:39 am to
quote:

It must be nice to be Trump where a large part of the people will vote for you no matter if you frick them over or not. Unreal.



Vote blue no matter who was created yesterday. Oh wait

Libtard
Posted by SlayTime
Member since Jan 2025
3608 posts
Posted on 4/6/25 at 11:39 am to
quote:

Yeah and he got to make a billion pump and dumping a shitcoin before taking office again. I’d say it turned out okay for Trump.


That makes it perfectly okay for Biden to not face charges and NY try to jail Trump for life for misdemeanor book keeping disputes.

We tried to end your life, we failed, but you created a cryptocoin that did well so that absolves our criminality.

Human garbage take.
Posted by redneck hippie
Oklahoma
Member since Dec 2008
6275 posts
Posted on 4/6/25 at 11:45 am to
Sell me on intentionally wrecking the economy, like your premise states.

My wife and I get up and go to work everyday for the same companies over the last 20 years. We both started at the bottom and have worked our ways up. We have two teenagers that are active in sports, church, both popular and good looking.
We are able to take at least one nice vacation each summer. We’re able to give our kids nice gifts at Christmas and on their birthdays. Are we rich? No. But we do OK and have plenty.
You know why? We went to college, worked hard at our jobs and 20 years later we have nice things and a good life.

Explain to me why I should have to ‘feel the pain’ for my fellow citizens who didn’t make those same sacrifices and work hard?
This post was edited on 4/6/25 at 11:46 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92933 posts
Posted on 4/6/25 at 11:46 am to
quote:

Sell me on intentionally wrecking the economy


To lower rates so we can refi the debt
Youd rather total collapse?

Posted by Harry Boutte
Louisiana
Member since Oct 2024
3543 posts
Posted on 4/6/25 at 11:47 am to
quote:

Inflation has been completely out of control

What do you mean by that?
quote:

I know too many people going into debt to go on vacations or to remodel their homes, etc. On a national level l, our debt is unsustainable. Something has to give

Yes, people have to learn not to borrow money to go on vacation. It's not complicated.

But I find it hysterical that NOW people are saying a recession is okay, but two years ago they were freaking the frick out over the prospect.
Posted by Powerman
Member since Jan 2004
170463 posts
Posted on 4/6/25 at 11:47 am to
People will definitely suffer long term consequences of this

It's not the markets I'm worried about. Recessions come with loss of employment.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
464991 posts
Posted on 4/6/25 at 11:51 am to
quote:

Define “poorer”


Lower per capita GDP, lower overall GDP, lower wages (especially skewed at the top of the distribution), fewer luxuries, lower GDP growth rate, vastly less innovation, higher cost of goods, and generally the lower standard of living you'd expect from the above.

Nobody has given me a good articulation of how a policy aimed at taking from the productive population and decreasing their higher-margin outputs in order to give to the less productive population, increasing lower-margin and economically inefficient output, is optimal for our society overall.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
464991 posts
Posted on 4/6/25 at 11:53 am to
quote:

To lower rates so we can refi the debt
Youd rather total collapse?



False Dilleman Fallacy

quote:

The false dilemma fallacy involves presenting a limited number of options as if they were the only options available. This forces people to choose between two extremes, even though there is a spectrum of possibilities in between. The fallacy is misleading and prevents honest debate.
Posted by Load Toad
Haughton, LA
Member since Aug 2008
2468 posts
Posted on 4/6/25 at 11:53 am to
No, US needs stop funding programs that we don't need.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
464991 posts
Posted on 4/6/25 at 11:54 am to
quote:

Sell me on intentionally wrecking the economy, like your premise states.

My wife and I get up and go to work everyday for the same companies over the last 20 years. We both started at the bottom and have worked our ways up. We have two teenagers that are active in sports, church, both popular and good looking.
We are able to take at least one nice vacation each summer. We’re able to give our kids nice gifts at Christmas and on their birthdays. Are we rich? No. But we do OK and have plenty.
You know why? We went to college, worked hard at our jobs and 20 years later we have nice things and a good life.

Explain to me why I should have to ‘feel the pain’ for my fellow citizens who didn’t make those same sacrifices and work hard?


Your Discomfort Means It's Working

The author of this article describes you this way:

quote:

“Who is the status quo not working for?” some of you will ask me from your Porsche, driving down PCH, or from your desk overseeing your millions in the market.
Posted by Hateradedrink
Member since May 2023
3939 posts
Posted on 4/6/25 at 11:55 am to
quote:

Congratulations on making the most retarded and trumpiest post of all time.


“The stock market is crashing and people are getting laid off. Here’s why that’s a good thing:”
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